I am not of the view that independence is economically impossible. But I’m also not a denier of facts. The deficit, Brexit and the pandemic are facts. And Sturgeon’s existing economic prospectus poses huge logistical problems.
Sterlingisation
The UK Government’s budget deficit for this year will reach 19 per cent of GDP for 2020/21, according to Chancellor Rishi Sunak. It’s worth reflecting on that figure in the context of the Scottish independence debate. For years, we have been told by opponents of independence that a prospective budget deficit in an independent Scotland […]
Doubling down on the Growth Commission is a huge mistake
“There is a degree of courage that the Scots, and in particular Nicola Sturgeon, must show if they want the transition to independence and entering the EU, to be realistic. And that includes the currency. “It is not possible and it is not credible for the ‘independentists’, for the SNP, to advocate independence without advocating […]
Currency questions can’t be wished away
“Saying ‘that’s for after independence’ or ‘just tell them we’ll be using money’ or ‘look at all these other countries’ is exactly how we lose again. Try it out for yourself if you can stand the humiliation.”